Whether you are looking for the latest Bank of Canada rate announcement, up-to-date information on the mortgage industry or fun tips on how to add curb appeal to your home, our blog is the place for you. Be sure to check back weekly for the latest industry updates and most popular mortgage topics affecting Canadian home owners!

Innovative Mortgage Solutions

How to find your T4 information

June 23, 2021

Your employer should have also sent your T4 to the Canada Revenue Agency (CRA), and you can easily access it through your online CRA account. Take a look at the video walkthrough below on how to find your T4 information through the CRA website.

New Changes to Qualifying for a Mortgage
Innovative Mortgage Solutions

New Changes to Qualifying for a Mortgage

June 1, 2021

There are new changes to the mortgage stress test that will affect homebuyers beginning June 1, 2021. Moving forward, all mortgage applicants are subject to a higher qualifying rate - up from 4.79% to 5.25%. The original stress test was implemented back in January 2018, and aimed at ensuring long term mortgage affordability for homebuyers.

Mortgage Documents Graphic
Innovative Mortgage Solutions

Why does my broker need so many documents?

December 14, 2020

Collecting and submitting your mortgage documents can be an overwhelming and daunting task. That’s why we have dedicated team members to provide guidance and help you find and submit the correct documents to your lender. But why are all of these documents required?

Mortgage signing
Innovative Mortgage Solutions

Three Reasons to talk to your Broker before signing your Mortgage Renewal

November 10, 2020

While the convenience of signing and forgetting about it for another few years can be tempting, mortgage savvy homeowners know that taking the time to review their situation and reevaluate their options is almost always worth it.

What does a mortgage broker do?
Innovative Mortgage Solutions

What does a Mortgage Broker do?

October 21, 2020

Answering your most frequently asked questions: How does a mortgage broker work? How do brokers get paid? When should I use a mortgage broker? Why should I use a mortgage broker instead of my bank?

Innovative Mortgage Solutions

Do we only do ATB Mortgages?

September 18, 2020

One question we have been getting a lot of recently is “doesn’t Innovative just do ATB mortgages?” We thought a blog post would be a great opportunity to answer this question, but also to address additional misconceptions around the Innovative and ATB relationship.

Innovative Mortgage Solutions

What’s the difference between an NOA, T4 and T1 General?

April 30, 2020

If you’re having trouble collecting the documents for your mortgage application, you’re not alone! It can be difficult to keep track of document names and where you can go to find each one, especially if you’re a first-time homebuyer who has never had to access them before.

Innovative Mortgage Solutions

COVID-19: A Complete List of Resources

March 27, 2020

UPDATED DAILY. A list of information in response to COVID-19, including the latest updates from the provincial and federal government as well as information from mortgage lenders.

Innovative Mortgage Solutions

COVID-19: Bank of Canada and Mortgage Updates

March 27, 2020

The Bank of Canada has implemented an additional emergency rate cut and introduced two new programs. Mortgage lenders are also offering updates to their mortgage process for homebuyers.

Innovative Mortgage Solutions

COVID-19: New Measures for Small Businesses - March 27, 2020

March 27, 2020

As the COVID-19 pandemic continues to evolve, the federal government has implemented a number of new measures in support of small businesses in Canada. As of March 27, 2020, the following initiatives have been introduced:

Innovative Mortgage Solutions

COVID-19: Support for Small Businesses

March 25, 2020

It is our belief that in turbulent times, small business owners must band together to endure and survive. We have compiled this list of business-related resources that have been put together in response to COVID-19, and will continue to update the list as we receive more information.

Stress Test
Innovative Mortgage Solutions

New Mortgage Stress Test Rules

February 20, 2020

This week, Finance Minister Bill Morneau announced a change to the stress test that will come into effect as of April 6, 2020.

bridge financing
Innovative Mortgage Solutions

Selling your Home as a Down Payment for a New Home

December 19, 2019

A common question we get about mortgages is “can I use the money from the sale of my current home as a downpayment for a new home?” The short answer here is yes, you can. There are two ways to accomplish this:

Innovative Mortgage Solutions

When can I use FCT instead of a Lawyer for my Mortgage?

November 28, 2019

When you purchased your home, you most likely used a lawyer to complete the transaction. Now that your renewal is coming up (or if you are considering refinancing), you may be able to do so without one.

Innovative Mortgage Solutions

The New First-time Homebuyers Incentive: When does it work for you?

October 24, 2019

With the new first-time homebuyers shared-equity program in place for over a month now, we have had the opportunity to utilize the program for several of our clients. This has given us some additional insight about the situations this program is right for and what to watch out for when considering the incentive as a first-time buyer.

Innovative Mortgage Solutions

Can I Add Renovations to my Mortgage?

October 10, 2019

Have you found your ‘almost’ dream home? Perhaps you love the neighbourhood, the size of the lot and the number of bedrooms, however the outdated kitchen is holding you back from making an offer. This is where a ‘purchase plus improvements’ mortgage comes in.

Collateral Charge graphic
Innovative Mortgage Solutions

What is a Collateral Charge Mortgage?

August 29, 2019

Collateral charge mortgages are increasing in popularity among lenders, which has increased confusion for some homebuyers on what type of product they’re being offered. There are a few key differences between collateral charge and standard-charge mortgages, each with their own benefits and drawbacks.

Innovative Mortgage Solutions

Finding Our Why

August 9, 2019

We have spent a considerable amount of time examining our professional values and, in the end, we narrowed down the list to five that we feel are at the very core of how we operate. Today, we are excited to finally share those with you all.

rent to own graphic
Innovative Mortgage Solutions

How Does Rent-to-Own Work?

July 25, 2019

A common question we’ve come across in the mortgage industry is how rent-to-own programs work and whether they are worth it for potential homebuyers.

Closing Costs
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How Much Will My Closing Costs Be?

July 18, 2019

What are closing costs? How much should I budget for them? These are common questions we see throughout the mortgage process.

Mortgage Terms
Innovative Mortgage Solutions

Mortgage Terms Every Homebuyer Should Know

July 4, 2019

Want to be an informed buyer? Having a basic understanding of mortgages and how they work can set you up for success and financial health down the road, and can also help you understand additional types of loans.

Innovative Mortgage Solutions

New-to-Canada Mortgages

June 27, 2019

If you’re new to the country, qualifying for a mortgage may look a little different than a traditional mortgage application. However, if you’ve relocated to Canada within the past five years, you are still able to get a mortgage for as little as 5 percent down.

Federal First-time Homebuyers Incentive
Innovative Mortgage Solutions

Federal First-time Homebuyer Incentive

June 20, 2019

In March 2019, the federal government announced a new first-time homebuyers incentive program that is slated to roll out this fall. Earlier this week, they released further details about how the program would work moving forward.

Understanding Property Taxes
Innovative Mortgage Solutions

How do Property Taxes affect my Mortgage?

June 6, 2019

With property tax notices being released throughout May, we thought we would cover some of the most frequently asked questions and points of confusion on property taxes and assessments as well as how they relate to your mortgage.

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Innovative Meets ATB

May 23, 2019

With less than 100 days until we move to our new office location in Emerald Hills, we wanted to let you know about the exciting new venture we have taken on and clear up any confusion about how we will operate in the future.

Innovative Mortgage Solutions

Removing a Co-Signer from your Mortgage

May 16, 2019

If you have a co-signer on your mortgage and you’re looking to get their name removed (or if you’re a co-signer who would like your name removed), there are a few options that are available to you.

Payment Frequency
Innovative Mortgage Solutions

Payment Frequency: How to Become Mortgage-Free Sooner

May 9, 2019

Changing your payment frequency is one of the seemingly minor details that can have a significant impact on helping you become mortgage-free sooner. Simply put, payment frequency is how often you choose to make your mortgage payments.

Innovative Mortgage Solutions

Difference between an Appraisal and a Home Inspection

May 2, 2019

While it is true that an appraisal and inspection are interconnected, they are not interchangeable and, in fact, they represent two entirely different points within the process.

bridge financing
Innovative Mortgage Solutions

What is Bridge Financing?

April 25, 2019

Using the equity in your home as a down payment for a new home is a situation we run into often within our industry. When there is a gap between the closing date for your new home and the closing date for your current home, bridge financing can help.

Innovative Mortgage Solutions

How Can Refinancing Help Me?

April 18, 2019

Refinancing can be an excellent way to put the equity in your home to work for you, and there are many different reasons you may want to consider accessing your equity to help put you in a better spot financially.

Minimum Down Payment Graphic
Innovative Mortgage Solutions

What Will My Minimum Down Payment Be?

April 11, 2019

In February 2016, new rules were implemented in Canada that changed the minimum down payment requirements for when you purchase a home. Home purchases are now separated into three categories in terms of down payments:

Inverted Yield Curve
Innovative Mortgage Solutions

What does the Inverted Yield Curve mean for Mortgages?

April 4, 2019

The Canadian economy is currently showing an inverted yield curve for the first time in twelve years. This translates to many implications for the economy, including how mortgage rates are set moving forward.

Maternity Leave
Innovative Mortgage Solutions

How Maternity Leave Affects Your Mortgage Application

March 28, 2019

Growing your family is such an incredible milestone in your life. It is also the time when couples may start to consider their housing situation and think about establishing roots in a home built to raise their kids in. Applying for a mortgage during this time can be tricky, however there are options available to you.

Condition of Financing
Innovative Mortgage Solutions

Understanding your Condition of Financing Date

March 22, 2019

Your condition of financing date is one of the most important milestones in your mortgage financing process. As such, there are many questions from our clients about what this term means and how it affects them.

Federal budget
Innovative Mortgage Solutions

Federal Budget: Incentives for First-time Home Buyers

March 19, 2019

Canada’s federal government unveiled their 2019 budget this morning, which includes two notable incentives for first-time homebuyers.

Mortgage Brokers Explanation
Innovative Mortgage Solutions

How Do Mortgage Brokers Work?

March 14, 2019

From what the process is, to the costs involved and how we choose the best lenders for our clients, we thought we would take some time to summarize some of the most common topics of interest for our potential clients.

Innovative Mortgage Solutions

How Tax Season Affects Self-Employed and Commission-Based Individuals

March 7, 2019

If you are self-employed or paid by way of commission and your income level increased over the past year, chances are you will want to use your most recent income information in order to qualify for a mortgage.

Innovative Mortgage Solutions

FAQ: What Documentation will your Lender Need?

February 28, 2019

The documentation process can feel overwhelming at times. One of the benefits of becoming an Innovative client is that we have a whole team of administrative staff standing behind your Broker to assist you.

Innovative Mortgage Solutions

What Lenders Look for in a Mortgage Application

February 21, 2019

When you apply for a mortgage through a bank or a traditional lender, there are certain details of your overall financial picture that these lenders will pay specific attention to.

Mortgage Insurance
Innovative Mortgage Solutions

What You Should Know About Mortgage Insurance

February 14, 2019

There is a common misconception that the insurance offered by your lender is actually required to obtain a mortgage through them. However, this is not the case; you are under no obligation to accept this insurance.

Innovative Mortgage Solutions

Improving Your Credit Score

February 7, 2019

While there are ways to increase your score, don’t be fooled by companies that claim they can fix your credit immediately. Rebuilding your credit is a process that will take some time. Understanding the key elements that Canada’s two reporting agencies (Equifax and TransUnion) use to determine your score is the absolute best way to start moving in the right direction.

Innovative Mortgage Solutions

Credit Score Myths

January 31, 2019

Because your credit is central to qualifying for any type of loan - whether it be a mortgage, credit card, auto loan or line of credit - there is a lot of information (and misinformation) out there about staying on top of your score.

Alternative Lender
Innovative Mortgage Solutions

When Alternative Lending Makes Sense

January 24, 2019

Alternative lenders are lending institutions that have less rigorous mortgage qualifying standards than traditional lenders, and are typically used when you are unable to obtain a mortgage approval from the latter.

Bank of Canada
Innovative Mortgage Solutions

Understanding the Bank of Canada

January 17, 2019

There seems to be a lot of confusion about what the BoC actually does and what role they play within the Canadian economy, so we thought we would take the time to answer some frequently asked questions about Canada’s central bank.

Innovative Mortgage Solutions

Benefits of Autumn Home Improvements

October 11, 2018

As the summer sun begins to fade and the autumn leaves begin to appear, it is the perfect time to consider improvements to your home.

Mortgage Renewal
Innovative Mortgage Solutions

Mortgage Renewals - Breaking It Down

August 28, 2018

Whether your Mortgage is up for a renewal in six months, or two years, it’s a good idea to keep it in the back of your mind.

Mortgage Myths vs. Mortgage Facts
Innovative Mortgage Solutions

Mortgage Myths vs. Mortgage Facts

August 17, 2018

Ever wonder what’s true and what’s not when it comes to Mortgage rules? We list a few of the most common Mortgage Myths you hear!

Innovative Mortgage Solutions

Summer BBQ Tips

August 1, 2018

With one month left of BBQ season, we put together a few of our favorite summer BBQ tips!

Stress-free Mortgage
Innovative Mortgage Solutions

Mortgage Tips For First Time Home Buyers

July 25, 2018

Buying your first home should be exciting! We want to make the process as memorable and stress-free as possible. So we listed a few ways to alleviate the pressure and financial hit of purchasing a home.

Innovative Mortgage Solutions

Self-Employed and Applying for A Mortgage? Great News!

July 19, 2018

Self-employed Canadians may have a harder time qualifying for a mortgage as their incomes may vary or be less predictable. Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage.

Five Tips For Buying A House This Summer
Innovative Mortgage Solutions

Five Tips For Buying A House This Summer

June 28, 2018

We made a short list of some things to keep in mind while searching for that dream home this summer!

House Hunting
Innovative Mortgage Solutions

House Hunting with A Pre-Approval

February 21, 2018

Make the most of house hunting by speaking with a Mortgage Broker first and getting a pre-approval in place to streamline the process for you!

Client Story Thursday
Innovative Mortgage Solutions

Client Story Thursday

November 2, 2017

After the announcement of the new mortgage regulations coming into effect this new year, clients have been wondering what this means for them, their current mortgage, and how their future plans may need to be reviewed sooner than later. Some recent clients of ours was able to work alongside with us and make changes that would benefit them before these changes took effect.

Innovative Mortgage Solutions

Client Story Thursday

October 26, 2017

Location, location, location. A recent client of ours felt strongly about purchasing a property within a set of particular neighbourhoods in Edmonton, but ran into a multi-offer bidding war when she found her property.

Innovative Mortgage Solutions

New Stress Test for Uninsured Mortgages

October 18, 2017

Yesterday, the Office of the Superintendent of Financial Institutions (OSFI) announced new guidelines for residential mortgages that are set to come into effect as of January 1, 2018

Client story
Innovative Mortgage Solutions

Client Story Thursday

August 24, 2017

See how our team was able to step up when a new client was at risk of losing his home.

Interest Rates
Innovative Mortgage Solutions

Why We Don’t Advertise the Lowest Interest Rates

July 31, 2017

If you search online to compare our rates to others, why will you find lower rates at other companies?

Client Story
Innovative Mortgage Solutions

Client Story Thursday

July 27, 2017

See how we were able to get a client approved in a 24 hour time-frame when they were declined by their own bank.

Client Story Thursday
Innovative Mortgage Solutions

Client Story Thursday

February 9, 2017

A lender was unwilling to budge for our client during extenuating circumstances, but we were able to get the deal done within an extremely tight time-frame.

CMHC premiums
Innovative Mortgage Solutions

CMHC Premiums to Increase Effective March 2017

January 17, 2017

The Canada Mortgage and Housing Corporation (CMHC) announced an increase to their mortgage premiums this morning, set to take effect on March 17, 2017.

client story thursday
Innovative Mortgage Solutions

Client Story Thursday

November 24, 2016

Self-employed clients who write off income to save on personal taxes may run into trouble when applying for a mortgage. We were able to help.

Mortgage Rules
Innovative Mortgage Solutions

Changes to Canada’s Mortgage Rules - How will you be Affected?

October 5, 2016

Canadian Finance Minister Bill Morneau recently announced four major changes to mortgage qualifying standards, set to start taking effect in just two short weeks on October 17, 2016.

Innovative Mortgage Solutions

Client Story Thursday

August 11, 2016

Weekly client stories as told by our Brokers. See how we were able to help our client purchase a new home after he lost the first two through natural disasters beyond his control.

Innovative Mortgage Solutions

Client Story Thursday

August 4, 2016

Weekly client stories as told by our Brokers. See how we were able to help our clients meet their appraisal requirements after being rejected three times from three different lending institutions.

Innovative Mortgage Solutions

Client Story Thursday

July 28, 2016

Weekly client stories as told by our Brokers. See how we were able to help our clients avoid having to walk away from their dream home and lose their $25,000 deposit.

Innovative Mortgage Solutions

Community BBQ in the Park - Hosted by Innovative Mortgage Solutions

July 20, 2016

You are invited to Innovative Mortgage Solutions Community BBQ in the Park, located at Centennial Park on August 20, 2016.

New house
Innovative Mortgage Solutions

Client Story Thursday

July 14, 2016

Weekly client stories as told by our Brokers. See how we got one woman into her home when her mortgage documents were still not ready the day before her closing date.

First time home buyers
Innovative Mortgage Solutions

Top 5 Tips for Buying your First Home

June 6, 2016

Tips for first time home buyers

Innovative Mortgage Solutions

Factors to Consider When Choosing a Mortgage Broker

February 16, 2016

Whether you are shopping for your first mortgage or purchasing a rental property, it may be tempting to choose the Mortgage Broker that advertises the lowest interest rate.

Innovative Mortgage Solutions

Get to Know Us Series - Mike

November 9, 2015

Because every client comes in with their own history and financial situation, the experience is a little bit different every time and I love figuring out ways to overcome any unique challenges that stem from this.

Innovative Mortgage Solutions

Get to Know Us Series - DeeDee

October 26, 2015

I love that being a mortgage broker allows me to continue to use those skills to educate clients on the best mortgage products for their unique needs. I also work with a great team who make going to work easy.

Innovative Mortgage Solutions

Get to Know Us Series - Kris

October 5, 2015

Connecting with people is my favourite part of the job. I’m social by nature, so interacting with a variety of people keeps me motivated and engaged in their files.

Innovative Mortgage Solutions

Get to Know Us Series - Brieanne

September 30, 2015

Being able to help all my friends and family and clients with purchasing a new home. I also really enjoy meeting new referral partners and networking with business minded people. No better feeling then receiving a referral from a friend, family or referral partner, it is a great compliment.

Innovative Mortgage Solutions

Get to Know Us Series - Paulette

September 21, 2015

Introducing Paulette Vroman, Innovative’s Mortgage Brokerage Assistant and administrative extraordinaire!

Innovative Mortgage Solutions

Get to Know Us Series - Krystle

September 14, 2015

Starting in early May of 2015, Krystle has taken on the dual role of Office Manager and Marketing Coordinator at our Main Office in Sherwood Park.

Innovative Mortgage Solutions

Announcing the IMS Get to Know us Series

August 31, 2015

In keeping with the personal touch we strive to deliver throughout the mortgage process, Innovative Mortgage Solutions is excited to announce an upcoming blog series that will feature one member of the IMS team every week.

Innovative Mortgage Solutions

Refinancing - How it Could Save You Thousands in The Long Run

August 24, 2015

Refinancing your mortgage can be a great way to save yourself money in the long run. So, what is refinancing, exactly?

Innovative Mortgage Solutions

Closing Costs - What to Expect

August 15, 2015

One of the most overlooked aspects when budgeting for a mortgage is the cost it takes to close the purchase, in other words the fees that are incurred when the title to the property is transferred to you. Closing costs are estimated to be between 1.5% to 3% of your total mortgage.

Innovative Mortgage Solutions

FAQ: What are the Advantages of Using a Mortgage Broker?

August 10, 2015

If you are new to the home buying process, you may be wondering: What is a Mortgage Broker and why would I use one instead of simply going through my bank?

Innovative Mortgage Solutions

Fixed vs. Variable Interest Rates

August 3, 2015

When it comes to shopping for a mortgage, it is a good idea to understand the difference between a fixed interest rate and a variable interest rate.

Innovative Mortgage Solutions

Finalizing Your Mortgage

July 27, 2015

When you apply for a mortgage, there are usually several conditions that must be met in order to obtain your financing. This is one of the many reasons using a mortgage broker is a good idea – they act as a liaison between you and the lender, and are able to use their expertise to facilitate your home buyi

Innovative Mortgage Solutions

Applying for a Mortgage

July 25, 2015

In the case that you are putting down less than 20% for your down payment, you will require something called ‘mortgage default insurance.’ In Canada, the primary insurance providers are CMHC, Genworth, and Canada Guaranty.

Innovative Mortgage Solutions

Pre-Approvals and Pre-Qualifications – Are They the Same?

July 13, 2015

A wise first step in the home buying process is to obtain a mortgage preapproval, but many home buyers don’t know exactly what that entails or how a preapproval differs from a prequalification.

Innovative Mortgage Solutions

Price Ranges for Canadian Homes

July 7, 2015

According to a June 2015 report by the Canadian Association of Accredited Mortgage Professionals, Canada’s average price for a home is $347,361. Ontario, B.C and Alberta are the three most expensive provinces to buy in, while the Atlantic Provinces, Quebec and Manitoba are the least.

Innovative Mortgage Solutions

FAQ: How to Obtain a Lower Mortgage Rate

June 24, 2015

Many of our clients have recently asked if it is beneficial to break their current mortgage in order to rework the arrangements, potentially achieving a lower interest rate.
Consider the results of a recent review completed for one of our clients.

Innovative Mortgage Solutions

Mortgage Math: Downpayment Options

June 15, 2015

The amount you put down on the initial purchase of your home can affect both your immediate and long-term budgeting. Planning ahead and deciding which down payment option works best for your financial situation is a key factor to a successful mortgage plan.

Innovative Mortgage Solutions

Interest Rates – How Does Lower Interest Affect Affordability?

June 10, 2015

It’s no secret that lower interest rates translate to savings for you, the buyer.

Innovative Mortgage Solutions

Average Home Prices in Canada

May 29, 2015

The average home price in Canada has increased 3.1% between 2014 and 2015, according to the Canada Real Estate Association. Here are the current average costs for a single family home in each province:

Innovative Mortgage Solutions

Spring has Sprung - Mortgage Forecast

May 8, 2015

In January 2015, the Bank of Canada announced a surprising update that overnight lending rates would drop to 0.75%. In March they decided to maintain that rate. What does this mean for you and the Canadian Economy?

Innovative Mortgage Solutions

Celebrating Our Earth Long After Earth Day

April 28, 2015

April 22 is recognized nationally as earth day. A day to teach, learn and recognize the importance of respecting and taking care of our earth. Here are facts and strategies you can utilize to help make a difference!

Innovative Mortgage Solutions

Is a Mortgage Review in Order?

March 2, 2015

Ask yourself, could you be paying less interest, have there been any changes in your life, are you looking at paying off your mortgage sooner, or do you need to access equity from your home?

Innovative Mortgage Solutions

Savings for Homeowners

February 16, 2015

Last April we received a referral from an accountant. They had just finished preparing taxes for a self-employed couple that were enjoying a banner year for their business. However they found out that their clients would have a fairly large tax amount owing once they filed their taxes.

Innovative Mortgage Solutions

Fight the Winter Blues with These Activites

January 29, 2015

Here are some great ways and activities to beat the winter blues and keep you and your family active and enjoying the Winter season!

Innovative Mortgage Solutions

New Year Forcast - 2015

January 6, 2015

With the New Year approaching, homeowners and home buyers are wondering what to expect from the economy.

Innovative Mortgage Solutions

The Do’s and Don’ts During the Mortgage Process

November 20, 2014

While securing a loan can seem overwhelming, there are a few things you can do (and a few things you should avoid) to ensure an easy mortgage process.

Innovative Mortgage Solutions

The Art of Mortgages: How Amortization Period on a Mortgage can Paint a Different Picture!

November 6, 2014

The amortization period on a mortgage is the total length of time it will take you to pay off your mortgage. A fairly typical amortization period is 25 years, but it certainly can be shorter. In comparison, the term of a mortgage (which ranges from 6 months to 10 years) represents the length of time for which your mortgage agreement with a lender is valid.

Innovative Mortgage Solutions

House Market Update

November 6, 2014

Canada’s housing market has seen a continual growth since 2012. But is this expected to change and is the housing market going to plummet or soar?

Innovative Mortgage Solutions

House Market Update

November 6, 2014

Canada’s housing market has seen a continual growth since 2012. But is this expected to change and is the housing market going to plummet or soar?

Innovative Mortgage Solutions


August 15, 2014

Small but problematic ants have taken over homeowners lawns and patios.

Innovative Mortgage Solutions

In The Community - Habitat for Humanity

August 13, 2014

This year the Innovative Mortgage Solutions team decided to volunteer our time to help build homes for family in the Edmonton area that need a safe and affordable place to live. This years build will house 64 families and over 103 children.

Innovative Mortgage Solutions

Market Update: CMHC Changes

May 1, 2014

Starting May 1st CMHC will be implementing higher Mortgage Insurance premiums for homebuyers who make a down payment of less than 20 percent.

Innovative Mortgage Solutions

The Art of Mortgages

May 1, 2014

Home financing is not always going to be a black and white picture. Sometimes it takes colouring outside the lines to make it work.

Innovative Mortgage Solutions

Making a Difference with Interest Rates

March 4, 2014

Many of our clients often wonder if it is beneficial to break their current mortgage in order to rework the arrangements, potentially achieving a lower interest rate.

Innovative Mortgage Solutions

How CASL Will Affect our Business

March 3, 2014

The new Canada Anti-Spam Legislation (CASL), in effect July 1st, will drastically change the way we communicate with you, our client.

Innovative Mortgage Solutions

Become Mortgage Free Faster

January 9, 2014

Home finance is not a simple "one size fits all" solution. Changing some key variables in your financing can make a difference.When it comes to saving on your mortgage, there are some strategies to help out.

Innovative Mortgage Solutions

Home Heating Efficiencies

December 19, 2013

The days are getting shorter and cooler. It’s habit by now to bring our cars in for a winter tune up as the weather turns, but it can be easy to forget that the heating systems in our homes could use a check up as well. It’s important to ensure our families stay warm this winter, and a few quick checks can ensure that our heating systems are running at top efficiency as well.

Innovative Mortgage Solutions

When Brokers Intervene – Client Success Story

September 26, 2013

There is a common misconception among Canadians that large Banks always have their best interest in mind. The unfortunate reality is that banking products are not designed to suit each individual’s personal circumstances and this was reflected when we met Mr. Daniels.

Innovative Mortgage Solutions

Clean Up Your Mess – Insurance Housekeeping

September 12, 2013

The expression "clean up when your done", spoken in homes around the world, is a powerful phrase that can aptly describe what the right Insurance can do for your household.

Innovative Mortgage Solutions

Our Newest Member

September 10, 2013

Paulette has a proven record of care and diligence in customer service. She is focused on ensuring every client has been transitioned effectively through their Mortgage financing process and does so with an outgoing personality and professional demeanor.

Innovative Mortgage Solutions

Make Summer Reno’s Pay Off

August 21, 2013

As we head into the long days of summer, interest in improving our outdoor space increases. Natural element trends such as stone fireplaces, botanical gardens and ponds are some of the most popular current landscaping designs.

Innovative Mortgage Solutions

Great Yard, Awful Kitchen! Make the Most of Your Down Payment

July 4, 2013

Often we are approached by buyers who are looking to acquire property but can’t commit to a home if there are aesthetic concerns with out-of-date rooms. The underlying concern is that renovations and improvements will have to be paid for out of pocket or on credit afterwards – quite a daunting problem.

Innovative Mortgage Solutions

The Innovative Experience Success Story

June 13, 2013

One of the most rewarding aspects of our business is the individual opportunities to impact someone’s lifestyle simply by implementing thoughtful strategies to their Mortgage finances. One of our clients approached us with hopes of finding a solution.

Innovative Mortgage Solutions

Making a Lasting Impression with Curb Appeal

May 2, 2013

When it comes to buying a home, first impressions are lasting impressions. From the minute a prospective buyer sees the exterior of a home; they have already subconsciously formed an opinion which can affect their outlook through the rest of the viewing.

Innovative Mortgage Solutions

Spring Cleaning Tips

April 11, 2013

Spring is around the corner and with spring comes the daunting task of spring cleaning. Although this may be a dreaded aspect of spring’s arrival, the pleasure results after the work is done. Not sure where to begin? Here is a checklist to zip through the process and arrive at the happy ending

Innovative Mortgage Solutions

Home Energy Alternatives

March 21, 2013

In light of rising energy costs and growing environmental concerns about the standard types of utilities we employ, many homeowners are choosing alternative energy sources to power their homes.

Innovative Mortgage Solutions

Why Choose Innovative Mortgage Solutions

February 28, 2013

With a myriad of mortgage options at your fingertips these days, choosing the most appropriate and best fitting mortgage can sometimes be challenging. To make the best decisions tailored to your specific situation, consider using a Licensed Mortgage Broker.

Innovative Mortgage Solutions

Home Warranty Smarts

February 7, 2013

One of the most expensive purchases a person will make in their lifetime is the acquisition of a new home. In reality, how many Canadians truly understand or are prepared to deal with all aspects of buying a home?

Innovative Mortgage Solutions

Alberta’s New Home Warranty Program

January 31, 2013

On February 2nd Alberta’s mandatory new home warranty program will come into affect!

Innovative Mortgage Solutions

Conquering Your Debts with Refinancing

January 12, 2013

Taking charge and conquering debts doesn’t have to be difficult. If you are carrying a burden of significant debt and you own a home, talk to our mortgage associates who will analyze your situation and further discuss your financial options.

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How to Qualify for a Mortgage

December 28, 2012

If buying a home is in your future plans, it may be the right time to begin planning. However, a common question is; how do I qualify for a Mortgage? Ultimately, the Mortgage qualification process is not equal in every case and many factors will impact an application.

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What does CMHC do?

December 16, 2012

CMHC plays an important role in the home buying process for many Canadians. A Crown Corporation originally established in 1945, CMHC provides Mortgage Loan Insurance that enables homebuyers to purchase property with as little as 5% down payment.

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December 12, 2012

Life can get hectic, and overwhelming; luckily there’s an app for that. Here are just a few apps that can help you with those small daunting tasks and help keep you organized!

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Renovate or Relocate?

December 1, 2012

As your life changes and your family grows, your home may no longer fit your lifestyle. Should you renovate or relocate? When faced with the decision to move up the property ladder or pursue your dream home there are pro’s and con’s.

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Why Mortgage Loan Insurance is Beneficial

November 16, 2012

Many Canadians feel that Mortgage Loan Insurance, offers more value to lenders than it does the individuals actually purchasing it.

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Appraisal vs. Home Insepction

October 26, 2012

A common question is if both a home inspection and appraisal are required when purchasing a home? Although these are both important steps and can uncover details about a home’s condition and value, it is good to distinguish the difference between the two before that stage of the home buying process.

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Winterize Your Home

October 10, 2012

This time of year can be very hectic and busy. Back to school, back to work, back to routines, and with all the festive holidays, taking the time to plan ahead for those cold winter months is sometimes hard to do. Winter is inevitable and coming fast, so here are some quick and easy things to do to ensure your home and family are ready for winter.

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Fall Financials

October 3, 2012

Love it or hate it, fall represents a return to reality- back to school, back to busy days at work and back to a hectic schedule. Fall is also a great season to take some time to re-evaluate financials.

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The Innovative Experience

September 20, 2012

When I started in this industry, I would often find myself having conversations with lenders about the all-in-one mortgage and bank account product.

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What is a Pre-Approval?

August 31, 2012

It is widely agreed that a wise first step in the home buying process is to get a mortgage pre approval. This simple step enables you to approach the home buying process with confidence.

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Travelling Tips to Help You Save

August 20, 2012

The tourism industry is driven by its time sensitive offers. Book quick deals can be misleading and majority of the times are false. It’s a marketing ploy to create urgency to get customers to pounce on the deals, so they can sell out quicker. So when you are planning your summer getaway, consider using the following tips to save.

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New Mortgage Rules Effective July 9/12

June 26, 2012

To avert a major economic shock or recession, the government has announced changes to the mortgage lending industry effective July 9, 2012. This major change outlines a return to the prior maximum amortization rule of 25 years for all government insured mortgages.

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Scoring Points

June 25, 2012

Several factors come into play when applying for a Mortgage, one item being Credit Score. An individual’s credit score is an essential part of the decline or approval decision; yet the fact remains that many Canadians know very little about their Credit Bureau Report or Score.

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Need a Mortgage Check-up?

June 13, 2012

Ask yourself, could you be paying less interest, have there been any changes in your life, are you looking at paying off your mortgage sooner, or do you need to access equity from your home?

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Edmonton Hit’s the Spotlight

June 10, 2012

Edmonton Highland’s neighbourhood hit the media spotlight! It was listed as one of the best old house neighbourhoods in Canada in an issue of Old House magazine.

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Why use a Mortgage Broker?

May 12, 2012

Mortgage Brokers are accredited licensed professionals who specialize in mortgage financing.

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The Fine Print on Bank of Montreal’s Low Mortgage Rate

March 12, 2012

Bank of Montreal cranks up the heat by bringing back their 5year 2.99% mortgage rate, making home owners anxious to take advantage of the low interest rate. However as tempting as these rates may be make sure to read the fine print, because it could cost you more than you think.

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Key TO a Successful Refinance

November 30, -0001

With Fixed Rates transgressing record territory, many existing Mortgage holders are wondering if they can benefit from the current low interest environment.